New York Markets After Hours

Citi names new banking chiefs in broad reorganization

SteveGelsi

NEW YORK (MarketWatch) -- Citi
C, +0.14%
said Monday it reorganized its consumer group into two global businesses -- Consumer Banking and Global Cards -- as part of a reorganization at the banking conglomerate. Teresa A. "Terri" Dial will join Citi as Global Head of Consumer Strategy and CEO of Consumer Banking in North America. Her 35-year career included consumer banking posts at Wells Fargo Bank
WFC, -0.43%
and Lloyds TSB UK Retail Banking. Citi also consolidated its United States and international credit card businesses into a single global business led by Steven Freiberg, CEO of Global Cards.

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